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CNBC - Closing Bell With Maria Bartiromo

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CNBC
Closing Bell With Maria Bartiromo

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yesterday the lack of any talk of fiscal restraint. we know regulations, taxes are going up 2013. kudos to corporate america for pulling in these numbers in this environment. >> how about david garrity? you want to weigh in on these numbers. >> 4% gain on the stock. >> on the ibm numbers, fear there would be around the conference call four years ago. their main stram, which they just launched to september saw good acceptance in the fourth quarter and all the concerns that people had about corporate investment and all that because of the fiscal cliff issue, tax reform. obviously these being put bait by what numbers are being put up in terms offing revenue strength. ibm a good bellwether versus tech bjorklund and paul, david, thipg thank you. my friend snow greco, when do you think in the market will go higher? >> i'll just plead the fifth on that. >> all right. i hear you. thanks for joining us. michael, rich, always good to see you. >> thanks, guys. >> to wrap up, ibm's solid beat on the bottom line and top line better than expected. >> google. top line. bottom line, we're working on it

CNBC - The Kudlow Report

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CNBC
The Kudlow Report

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. the consumer is in a worse spot primarily because of tax hikes. supply side economics, right. so apple is a consumer company for the most part and i think that any consumer company will struggle. >> that's an important point. let's follow that point. is part of this apple drop weakness in consumer spending or expected weakness, or is it, in fact, the competition from samsung and the fact that the company is not executing. in other words is it a company story, an economics story, what is it? >> there's a lot of company specific stuff going on just comparables this quarter versus a year ago. that's part of it. it's a maturing company to a degree. it's going through its growth phase. now getting into the phase which hopefully will last a long time you focus on return on invested capital. that could be fine. the market has to adjust to that perception. i think the consumer point is a good one. is the consumer going retrench with higher taxes and we see the jobless claims out the last few weeks -- >> coming down. >> they are looking great. >> is it seasonal or real. we won't know that for a

CNBC - The Kudlow Report

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CNBC
The Kudlow Report

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the payroll tax cut will cut into consumer discretionary spending down the line. apples ipads and iphones sold a lot but the profit margin was slim. is this a company story where the company is in trouble after the great steve jobs has passed snarp. >> it feels that way, larry. we've got this darling-to-dog story we've seen so often notice tech space. we have a gadget company in the tech space that's struggling with margins on its gadgets and a lot of the worst fears that they would face other gadgets from other kinds of companies seem to be coming to pass, but the service tech companies like google and netflix, they're all of a sudden out there increasing share. >> knock the cover off the ball. >> knock the cover on. and as long as you have a razor blade story and not a razor story, i think that's the difference peer. >> dave goldman, am i wrong? sometimes ji am very wrong. does this forecast a stronger american economy, even a moderately stronger economy? >> absolutely not. i was a raging bull in 2012. i'm neutral on it. the s&p is trading tick for tick with liquidity measures, such as infla

CNBC - Closing Bell With Maria Bartiromo

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CNBC
Closing Bell With Maria Bartiromo

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majority leader eric cantor is there and says the to leaders tax eswill not sigo up. you're watching cnbc, first in business worldwide. >>> we have had a busy, a barrage of earnings. we've had microsoft and at&t and starbucks, all posting their latest quarterly results minutes ago right here on the show. let's get a roundup now that we've had time to digest and read through all the earnings action. rights, bertha? give it to us. >> reporter: not full digestion but a tummy still full looking at the numbers. fiscal second quarter for microsoft beats by a penny. street looking for 75 cents. refnous more or less in line. actually had missed on both the top and bottom line last quarter. take a look at the reaction of the stock. we've got microsoft here. there we go. it's still down, however. sold 60 million windows 8 loy senses. no details on the surface sales. that's something else people may ask on the license call. at&t, strong on the bottom line, and actually missed on both the earnings for the same quarter last year. they said they saw smartphone fans, activated 18.6 iphones and 26% were

CNBC - Squawk on the Street

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CNBC
Squawk on the Street

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mickelson, why is he paying 62%, 63% tax? >> i like the nike add. >> all that, plus the opening bell in just a moment. [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come in. ♪ got the coffee. that was fast. we're outta here. ♪ [ engine revs ] ♪ [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ >>> you're watching cnbc "squawk on the street" live from the financial capital of the world. the opening bell is going to ring in a little less than 90 seconds. a busy week. everything from apple to microsoft to bristol-myers reporting earnings. we talked about some of the highlights. also, davos happening. you never know what could come from the other side of the planet. >> a lot of hitters there. periodically getting a new story. we have maria over there, and steve liesman, i mean, it's really -- we're bringing out the big guns. we've got

KRCB - Nightly Business Report

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KRCB
Nightly Business Report

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, saving money on your taxes and boosting your retirement security. here's finra's gerri walsh. >> with washington roiling from one crisis to another, many americans feel uncertain about the impact of changing tax rates and how to achieve retirement security in a fragile economy. but, especially at times like this, workers should focus on what they can control. no matter your tax rate, contributing to a 401(k) can help you save money on taxes and boost your retirement security. your contributions to a traditional plan are not included in your taxable income, and earnings on roth contributions are tax-free. the good news for savers is that in 2013 401(k) limits go up to $17,500, and employees aged 50 or over can contribute an additional $5,500. but, at the end of 2011, the average account balance in 401(k)s nationwide was just under $60,000. if you're not sure you're doing all you can to lower your taxable wages and secure your retirement, finras new 401(k) save the max calculator can help you do the math to find out. i'm gerri walsh. >> tom: join us tomorrow on twitter for a tw

KPIX - CBS 5 Eyewitness News at 730am

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KPIX
CBS 5 Eyewitness News at 730am

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and for tax revenue, we'll keep our eye on the tech business. thank you for that. we'll be right back fan you can't move the tv there. yuh-huh. we have a wireless receiver. listen. back in my day, there was no u-verse wireless receiver that let you move the tv away from the tv outlet. we can move it to the kitchen, the patio, the closet and almost anywhere. why would you want a tv in the closet? [ both laugh ] ♪ ♪ [ fancy voice ] brilliant idea, darling. ♪ ♪ [ female announcer ] the wireless receiver. get u-verse tv for just $19 a month for 1 year when you bundle tv and internet. rethink possible. photo. as you can tell - she's a member of the 49-er faithful. >>> who has it better than us? this is kathy, sent in the fan photo, he's a proud member of the 49er faithful. >> they show us they're raising their kids right. sharing their photo. thank you for sharing. >> keep them coming. e-mail them to us. up load your photos directly to your web site. >>> this week, an upbeat governor brown with the state budget in the black for the first time in more than a d

KICU - First Business

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KICU
First Business

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a little smaller since the first of the year. --the result of the payroll tax holiday expiring as part of the fiscal cliff deal. our cover story looks into whether its slowing the economic recovery. not counting a raise or bonus---most of us have a little less take-home pay, not more. january first, the payroll tax went back to 6.2%. "everyone forgot that it was a holiday. a lot of people thought this was the new status quo." it wasn't. and consumers are pretty direct about it. "it adds up to $900 a year. is that significant? yes." "no one likes being taxes. but you don't have a choice." now, if you make 50,000 a year..you'll pay roughly a thousand dollars more in payroll taxes for the year. every two weeks your take-home pay--roughly 36-dollars less. retailers expect it to affect consumer spending. "the likelihood is that it will. we've seen them cutback during the holidays and we expect this 'austerity' to be here for awhile until they get their 'sea-legs' under this program" but getting those sea-legs may take months. "i'm not happy about it. so has it affected your spending? yes, i

CSPAN2 - Book TV

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words. a decision by government to limit green house gas emissions by heavily taxing or tapping the use of carbon based fuels. is that a fair estimation? that issue, because of what it could do to oil -- is what really kind of had them shaking in their boots. >> guest: it was a combination how a rare -- they had overcome the previous systemic threats to oil production in the world, which were spills and environmental damage and the seepage of oil into water and drinking supplies and air pollution, all of that had been more or less brought into a sustainable compact of regulator and regulated, and they had been themselves adopted -- they accepted the validity of these environmental goals when it comes to spills and air pollution and so target. that they had imposed costs on. thes in order to build the sustainable compacts so just at the moment when they have cruising speed on the other environmental issues that arose in the first three or four decades of the order world, now comes this an distract globalham challenge to the prime si of fossil fuels in our system. i think that was one fac

CNBC - Closing Bell With Maria Bartiromo

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CNBC
Closing Bell With Maria Bartiromo

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the money that you need toward all of this. and i'd like to get your take on the tax structure that is most favorable to getting people to be as generous as they can. what could you tell our viewers in terms of what government policy may be able to do to actually encourage more giving and how it can hurt? >> well, the tax deductibility of charitable giving certainly has been a positive factor in why the u.s. is the most generous. people give about 2% of their incomes and that's true it's not disproportionately the richest. across the board americans are quite generous. the estate tax which lets your charitable giving not be taxed is clearly a very positive encouragement to look at giving. i'd say that even more than the taxes, though, the fact that there's more examples of people where -- so everyone is asking themselves, you know, could i be giving you something, the fact that they hear the impact is very strong, i think the kind of social movement is even more, but the tax structure helps. >> what continuing investment is needed at this point? in other words who are the biggest stakeholde

CNBC - Squawk Box

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CNBC
Squawk Box

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of potentially getting out of the eurozone. today, he took a different tactic. we talked about not raising tax rates, but as corporations around the world both affecting issues in the uk and elsewhere are becoming a real issue. i want you to take a look at this piece. >> individuals and bess must pay their fair var. and businesses who think they can carry on, they can keep selling to the uk, and selling uk tax arrangements are for you to wake up and sell the company. >> that comment, by the way, about coffee is actually about starbucks which has created some problems because they've been avoiding taxes in the uk. but take a look at this quote right here. david cameron not making friends. labor mp dennis skinner says it was gruesome for the prime minister to be heading out of austerity-riddled britain to wine and dine at davos with 50 top bankser who helped create the economic crash several hundred tax avoiding milliona e millionaires. >> a lot of people talk today about a report. there was a report earlier this morning that mr. oh lund discovered averting. in total, the report was said to be

KGO - ABC News Good Morning America

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KGO
ABC News Good Morning America

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the increasing tax rates on very high income earners in the united states. ♪ a dancer for money >> reporter: but if the 73-year-old singer is making the move to cut her tax bill, she'll probably never admit it. the u.s. government warns americans, renunciation of u.s. citizenship may have no uh affect whatsoever on his or her u.s. tax obligations. she wouldn't be the first celebrity to change nationalities. actor jgerard depardieu got his passport after loudly renouncing france and its tax hikes on its wealthiest citizens. even elizabeth taylor made a bid to keep her european income away from the irs in 1965. >> i am the earth mother. and you are all flops. >> reporter: apparently couldn't go through with the renunciation oath. as for turner, whether she's making the move for love or money -- ♪ you don't have to worry >> reporter: it seems she'll have more of both in switzerland. and we reached out to turner's reps. but so far, no comment. turner speaks fluent german, has passed a local civic test and just needs a stamp of approval before becoming a swiss citizen. >> moving to a neutral c

KGO - ABC7 News 600AM

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KGO
ABC7 News 600AM

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for california after convincing voters to pass the tax initiative and erase billions from the budget deficit with help from a democratic supermajority elected to the legislature but republicans will pay close attention. >> i hope he talks how we build up jobs. he has been quiet on that. he certainly has taxed the high income earners again but what about getting the rest of us employed. >> the governor's speech from the chambers is expected to last half an hour. abc7 will carry the governor's state of the state address live from the state capital at 9:00 this morning and it will stream live on abc7news.com. >> later this morning, secretary of defense panetta will formally lit the ban on women serving in combat in the military. some men are concerned about the policy change. >> the u.s. military is about do become fully integrityied. panetta will announce an end to the ban on women serving in combat. >> they have proven time and time again. they will get the recognition that key. >> the move overturns a 1994 rule restricting women from being assigned to the front lines and elite combat divisio

WBAL - 11 News at 5

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WBAL
11 News at 5

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be a start. >> unlikely plan will be to emphasize attacks -- a likely plan will be to emphasize the tax plan. wbal tv-11 news. >> thousands of anti-abortion activists marched on the steps of the supreme court. >> what they are demanding after the landmark roe versus wade decision keeping what some decision keeping what some charges >> covering the nation tonight, it has been 12 years since the disappearance upper intern chandra levy. there may be key testimony from a secret witness. this could possibly reopening mystery. it was back in 2010 when an illegal immigrant was convicted in her murder. that was after her relationship with a california congressman pegged him as a prime suspect. prosecutors admitted they had no evidence directly linking the immigrant tumor death. -- to her death. an appeals court throws out charges against casey anthony. today the court decided to throw out two of her convictions of lying to police. two charges were upheld, but anthony made appeal goes to the florida supreme court. you will remember she was tried and acquitted in the 2008 death of her two-year-old dau

CNBC - Squawk on the Street

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CNBC
Squawk on the Street

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and wondered whether there was selling for tax reasons and things of that nature and the people i have spoken to this morning, who do manage money, say the same. all right. let's watch it today. let it weed out and then perhaps revisit it in a few days. >> a couple of dividend. you talked about how that could help, maybe they actually go in and do a buy back of monstrous proportions. >> that could be around the corner. their next meeting, board meeting, is february, when they initiated the dividend f that's catalyst that's a catalyst. isn't it sad to think this was once the go go growth company and now looking the a possible dividend or buy back as the next catalyst for the shares? my how things have changed. >> that requires a management that thinks there's something wrong with the stock. requires a management to hit the stock, maybe they are, maybe they are not. >> buy back or a dividend, acknowledgments? >> so clear the stock was blowing up during the conference call. very clear, but the company was talking about good product, good product. >> companies don't want to acknowledge they are n

CNBC - Worldwide Exchange

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CNBC
Worldwide Exchange

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reforms, they're talking about tax reforms, as well. this will be a multi layered process and hopefully they'll be in power long enough to deliver some of those changes. i think the market was expecting for the bank of japan to come in .deliver everything that was going to solve all of japan's problems after decades of recession, then they were probably misguided. but for the moment, the reaction we're getting from people who were watching japan is they probably took as many steps as they could today to try and address this decision. >> kaori, stay with us. ed, welcome. you just heard a little bit of the back and forth. what's your own opinion here on what the boj has or hasn't delivered? >> good morning. thanks very much for having me on the show. my opinion is i completely agree with everything kaori said. even more than that, i would say to the viewing audience, look, this is the cramer moment for japan where you bring out the bells and the whistles and you toot the horn and you tweet and you pound the table and you run around the room saying buy, buy, buy. the framework is now in pl

CNBC - Mad Money

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in washington? the higher payroll taxes, and the general sense that the economy's not getting any better. is it? the answer's simple. why you may not think the overall economy is getting better, you're missing the big picture, partner. if you were to ask me to game the market using just one figure, one figure only, it wouldn't be what apple earns, the gross domestic product, the growth rate of earnings or the dividend yield of the s&p, it would be the weekly jobless claims. the weekly jobless claims is an indicator of future employment in this country. there's absolutely no coincidence that we had five-year highs today in the stock market. at the same time that unemployment claims hit five-year lows. it isn't fanciful that the market's roaring because jobs are being created at an accelerating pace. it's the most important determinant of the stock market. after all, the market got crushed when unemployment went above 5.5% and soared right into the great recession. i think these positive jobless numbers are occurring because of the certainty that comes from putting a presidential election and a t

KRCB - Nightly Business Report

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KRCB
Nightly Business Report

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calls balance and what the republicans call nonsense because it involves raising taxes. i think you have to do bovment i think you have to have more revenue and you have to cut back spending. >> susie: let's say congress doesn't do that. what happens next? explain to people what happens next. >> i think the real risk is that we come to a showdown in march when the current stopgap budget ends and we face the government shutdown. people will lose svices. pele wl lose jobs. and there will be a fiscal contraction, on top of the ones that we've already put in place. and that's not great for the economy, for sure. >> you know, and this whole conversation about a budget and the deficit and all of that. it's all about raising taxes and cutting spending. and there's no discuss about growth. and that is what americans really want. growth and jobs. what do we have to do to get growth? >> well, the badh6+suz there, susie s that while higher growth is by far the best remedy, it's very hard to put if into effect. in a sizableay. you need more investnt i human beings, that's education and so on. you ne

KQED - This Week in Northern California

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KQED
This Week in Northern California

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taxes passed. the budget looks a lot better. i think this was the governor's chance to pivot, to pivot to talking about what makes california great, how we get them back on track. don't worry, we're getting there. so i took this as a real optimistic speech with a lot of details, a lot of brown history facts. and really a message i think not only to the legislature but to the public of, like, i'm watching it. we're going to be careful, but we're going to move forward. >> and, john, you mentioned he was very quirky in his speech. clearly the governor is enjoying his popularity right now and quoted everyone from philosophers and poets. let's take a listen. >> i'm sorry, say again? >> the most diverse, creative and longest standing mass migration in the history of the world. that's california, and we are sons and daughters. this special destiny never ends. it slows. it falters. it goes off the track. and ignorance and prejudice but soon resumes again. more vibrant and more stunning in its boldness. >> so, john, how has the speech been received by lawmakers, both democrats and republicans?

KRON - KRON 4 Morning News

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KRON
KRON 4 Morning News

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expressing some political or religious expressions. most of the state tags that most of the tax status ban are vulgar and hateful as they fall in those categories? sound off on our kron4 facebook fan page so we could share them on the kron4 morning news. >> and woman waiting on the platform of madrid metro fainted and fell onto the tracks as the train approached. an off-duty police officers bring into action and jumped onto the tracks and dragged her to safety. passengers on the platform tried desperately to warn the driver and the train was able to stop in time. the woman made a full recovery! we will be right back. >> we are tracking hot spots in the traffic center fremont 84 southbound at thornton just passed a turnoff for the dumbarton bridge. a multi vehicle accident blocking more than one lane of traffic and really look at what it's doing to the drive time from a were down to fremont. from 92 to fremont boulevard 67 minutes. the conditions are actually worse than the censors would indicate because there is some wait- and-see here and it has not quite updated. it is read out there rig

MSNBCW - Weekends With Alex Witt

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MSNBCW
Weekends With Alex Witt

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there are rules to ensure competition and fair play. the broad shoulders of a rising middle class. revamp our tax code. reduce the cost of health care. medicare and medicaid and social security. they do not make us a nation of takers. the threat of climate change. sustainable energy sources. our forests and waterways, our crop lands and snow-capped peaks. seneca falls and selma and stonewall. earn a living equal to their efforts. our gay brothers and sisters welcome the striving, hopeful immigrants. the quiet lanes of newtown. >> joining me now, msnbc contributor jimmy williams and former rnc chairman and msnbc analyst michael still. gentlemen good to see you both. jimmy let me start witd you immediately. a lot of people criticized the president's speech. to be expected to some degree. did that sound like hey i won you lost. this is how it's going to be? >> i hate to break the news to people but that is exactly what happened. i went back this morning and looked at reagan's second inaugural and george bush jr.'s second inaugural. reagan talked about economics and the role of government. bush, terr

CNBC - Closing Bell With Maria Bartiromo

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CNBC
Closing Bell With Maria Bartiromo

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decisions, that set a more effective tax system, that reduced taxes going forward, we could have a booming environment. now, i may be wrong. that's my own personal belief. if we have a grand bargain, america would take off. it's important for america to get strong because the rest of the world needs us, to you know, because europe still has its issues and it will for a couple of years, so i think it's important that america kind of take the lead here, and i'm hoping our congress and our president that's what they do, and if they don't, jpmorgan will deal with it. it's not personal. it's about i want jobs. >> are you expecting a fight around the debt ceiling? do you think we'll have a disruption around this inability to compromise? >> i know nothing more than you other than what i read in the paper today and it seems like they are already starting to. could mice by pushing it out and asking for a budget which i think all seems rational and compromise by the way so i applaud them. >> what does your gut tell you about all the money moving into stocks recently? had a fantastic early 2013. do y

CNBC - Mad Money

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of the certainty that comes from putting a presidential election and a tax fight behind us. plus, the warring political parties seem to have -- it does seem like a truce at hand deferring a ridiculous and harmful government shutdown. throwing a huge turn in china that converts believers every day along with stabilization of europe and multinational companies have at last powered higher. all that good news in the jobs it creates are causing a radical revision in what we're willing to pay for future earnings. that's right, the price to earnings multiple, the ratio of how much we'll pay for the profits companies are going to have down the road is headed north and therefore so are the stock prices. we're willing to pay up because of the prospect that things are, indeed better. let me show you what i mean. let's take the transports. they've been scorching, scorching despite the index being home, beating down trucking companies, worldwide freight plays, and the railroads -- which were just annihilated by an historic decline in the most important cargo, coal. what's happening now if the economy's ge

KNTV - NBC Bay Area News at 5

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KNTV
NBC Bay Area News at 5

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per month. >> at least one per day. it's outrageous, us as tax paying citizens should not have to accept. >> these are the low level crimes that the police do not focus on. and exactly the types of crimes he will want police to crack down on when he begins a contract next month advising the department. in other cities, he has worked under the broken window theory. that says, if less serious crimes are not dealt with the overall crime rate will go up. at a city council meeting that ended after 2:00 in the morning the council voted 7-1 to approve a 250,000 contract to hire him. his opponents seem more concerned with the support of a stop and frisk policy. they feel it will lead to racial profiling. >> you are bringing in somebody very controversial. it's going to be an up hill battle. >> late this afternoon, the council's decision was defended to bring him on board. >> he is neither the devil, nor a savior, he is part of a team. >> this plan is not about him, it's about policy partnership. >> and the police chief went on to say that he will not be attending community meetings as

CNBC - Worldwide Exchange

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CNBC
Worldwide Exchange

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of opportunities. but both of those are outside the u.s. so we're assuming that the tax laws are not going to change. we're basically going to put our money to work in places like canada, the uk, israel, russia and asia where they're going to get a return and where we want it. >> that is a change and that starts spreading out, does that mean the rate of pick up in dividend payments and shares -- >> no, we committed to our shareholders 50% of our cash flow we will pay back on them, either in the form of dividends or share buybacks. but i think the key things to take away from davos is we're becoming the innovative leader and many of the concepts appear to be paying out very well for us. >> so what makes more sense for you right now, dividends, increase or a buyback? >> we're going to poll our shareholders. we've committed to giving you 50% back. >> thank you for join onning the program. >> we so appreciate it. >> thank you. now, look, we were going to talk about this but while we've got maria here, derek jeter, right? >> yes. he came to see me at dinner last night. i was talking about when

CNBC - Squawk on the Street

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CNBC
Squawk on the Street

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near fiscal consolidations in the united states. concerns about like the sequester, entitlement and tax reform. policy action must urgently address the risks in the u.s. the key imf forecast headline numbers, 2% growth for the u.s. in 2013, rising above trend in the second half of the year. the forecast for europe, that area revised downward. expected to contract by .2 of a percent in 2013, rather than expanding by a modest .1% back in the forecast in october. no downgrade of growth in japan, despite renewed recession there. forecasts still for 1.2% growth in 2013. and finally, the prescription for china, sustaining a rapid growth, progress on market oriented and structural forms there and more emphasis on private consumption inside china. back to you guys. >> hampton pearson, thank you. >>> google shares up sharply this morning after the company beat estimates in the earnings, setting a surge in ad sales profit. both gentlemen this morning have raised price targets on google. you raised your rating to $900 a share. the price target, that is. you've got a buy rating on the stock. in ter

KNTV - NBC Bay Area News at 6

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KNTV
NBC Bay Area News at 6

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. i think it's something us as tax paying citizens should not have. >> reporter: the broken window theory which says if less serious crimes are not dealt with the overall crime rate will increase. bratton's opponent seemed most concerned of his stop and frisk policy because they fear it will lead to racial profiling. >> you're bringing in somebody very controversial. >> this particular plan not about bill bratton. it's about partnership. >> reporter: i spoke by phone earlier today to bill bratton's wife and she tells me he is in detroit working on a project similar to the one he will be working on here in oakland and, again, raj and jessica, he will be here in oakland in mid-february. monte francis, nbc bay area news. >> okay, thank you, monte. look who is back in town. all the talk might be about the niners right now but the men in teal are back on the ice in san jose. the shortened home season will begin tomorrow. boy, not only shark fans but downtown owners, business owners, they really need this. >> reporter: yeah, you know, jessica, the city is really hoping this brings some l

KGO - ABC7 News 600AM

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KGO
ABC7 News 600AM

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rafael scoreboard is asking voters to renew their parcel tax. if they go forward with the proposal tomorrow, voters will vote in a special mail-in election come this spring. it would extend a $194 parcel tax that has helped fund schools since 1989. >>> coming up, pipeline safety, how a new piece of high-tech equipment is keeping gas pipelines safe for you and your family. >>> and we have a live look from our roof cam looking over a bay bridge. it should be a beautiful but cool day. meet lisa >> we are taking a live look outside right now in santa clara just across the street at the practice facility for the 49ers. they will be leaving this afternoon super bowl-bound for new orleans. it should be a beautiful day to bid them farewell. a little cool but sunny. meteorologist lisa argen will have your forecast in a little bit. 6:how on the dot right now. >>> a new pipeline scanner could take the guesswork out of determining which natural gas lines are safe. pg&e is testing it right now. it's part of the utility's ongoing effort to improve their safety programs ever since the 2010 deadly

KPIX - CBS 5 Eyewitness News at 6AM

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KPIX
CBS 5 Eyewitness News at 6AM

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democrats view a budget vote as an opportunity to raise more money through taxes. >> it's going to be a great opportunity. in our budget that we will pass we'll have tax reform, which many colleagues like but it will include revenues. >> reporter: the house is expected to approve the debt limit increase tomorrow. susan mcginnis, cbs news, washington. >>> today is the 40th anniversary of the supreme court ruling that legalized abortion. in 1973 the roe v. wade decision said a woman has the right to abort a pregnancy setting off a national debate. today a pro choice group will hold a rally and walk in los altos, a demonstration against female enslavement at city hall in san francisco. >> three americans were killed in the algeria, seven others made it out alive. the militants offered to release two of the americans who died in exchange for the freedom of two prominent terror suspects behind bars in the u.s. the obama administration rejected that offer. >>> at least one person is dead from an earthquake that hit western indonesia this morning, i

CNNW - The Situation Room

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CNNW
The Situation Room

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to take a profit before the higher capital gains taxes can kicked in at the beginning of the year. what's happening today is investors choosing to get out of the stock because competition is becoming more of a factor. there are these quality alternatives going strong these days. i'm talking about the tablet and the smartphone arena. it's getting crowded. what you're seeing is the average price is still around $700. a lot of people are still sweet on apple shares even though it plunged today, wolf. >> steve jobs died about a year and a half ago. what does all of this say about tim cook's tenure as the apple's ceo? >> it says you know what, you're going to get the blame, tim cook. you're the ceo so the buck stops with you. he saw the blowout of the iphone 4s and took the stocks to greater heights. it was around $375 when he took over. the price almost doubled in tim cook's first year in charge. it peaked in september when iphone 5 came out. since then, the shares have been tumbling. for one, wall street and analysts don't have much confidence that he can deliver like steve jobs did, that

KTVU - Mornings on 2

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KTVU
Mornings on 2

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to a new lower sprewell plaza. >> this was initially introduced by students and they taxed themselves to pay for the project. >> the campus paid for half of the project and the students paid for the other half. >> student government and otherrants will be relocated to the echelon hall. >>> if you find yourself in a rocky romantic relationship, it could be related to how much sleep you are getting. the uc berkeley study says people who don't get enough sleep may not be expressing enough gratitude in their romantic relationships. sleepless people tend to be more self-centered and are too tired to express appreciation. expression of gratitude can lead to positive mental thinking and physical benefits. i'm not gonna say anything about my situation. [laughter] >> 8:23. let's go to sal with another check on our traffic this morning. >> good morning, everybody. if you work in morning, tv, that's especially funny. let's go out and see what we have. i think i can save you some time today. 880 is slow. 580 is not quite as slow. you might want to get over there instead. when up get to the bay br

KRON - KRON 4 Early News

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KRON
KRON 4 Early News

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and evening hours. >> your kron 4 7 day around the bay forecast shows and our tax system with not much marcher imoisture. --and our tax systartic system. >> more on the forecast coming up in a moment. >> the approach to the bay bridge toll plaza looking good. and my weight and some of the caste lines in our last report not the case anymore. still have overnight road work in effect for the incline section but not producing in delays. >> at the cemetery ridge traffic building not only in the west bound direction towards of to see you consider lights several of them hedy's down to hayward. the drive 12 best 30 minutes between 8 80/1 zero one. >> the code a bridge, southbound 11 looks good however,--the golden gate bridge south bound 101 looks good. >> we do have dense fog and portions of the north bay. >> traffic maps show more about 101 looks good no issues for interstate 280. >> you may encounter damp roadways. drive with extra caution. 23 minutes out of navao into san francisco. >> no delays on public transit for ac transit, bart our couch at this hour. >> thank you erica on to the situation i

CNBC - Squawk Box

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CNBC
Squawk Box

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are? this does include taxes, and it is a hotel. but it doesn't include your mortgage. you're paying $95 million. and then what do you pay -- >> during the commercial break i guessed 17 grand a month. >> i would like to raise that -- >> 17 grand a month? >> to 55 grand a month. >> very close. 60,000 a month in monthly maintenance fees. now that does include twice -- it includes maid service and a spa and some other things. so you're paying $95 million and then you're paying $60,000 a month in maintenance. but we bring you through all kind of apartments tonight. $160 million worth of real estate in new york. >> are these places back? i mean for awhile things crashed and nobody could afford these places. are they really back? because we still talk about how on wall street those pay packages are coming back. >> that's what everyone was saying a year ago, two years ago. two things happened. one is foreign money. i mean one of the great things about this show tonight is we bring you through with a russian buyer as he's in central park west. the russians, the chinese, the latins, especiall

CNBC - Closing Bell

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CNBC
Closing Bell

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you reported certain items, your tax rate was a lot lower than normal. $12 million. what you did was, she said, was you made actual contributions to charity instead of delivering it to the bottom line and to shareholders. why did you do that? was that political? is that because of this situation right now the way we're talking about taxes in america? >> the short answer is no. we feel a responsibility to return to our community and for everything that they do, and we have created a foundation, and we focus on education. we focus on helping eliminate poverty in america, and we have very structured programs where we match employee gifts, and we're proud to save. >> you don't think the shareholders were angry about that or upset with that, or your first duty isn't to the shareholder? >> the shareholders would not have received -- would have received this and would have gone into our cash flow and more generally we have very substantial cash flow. we have no doubt. we're able to invest at the levels we want. >> okay. >> we're in a situation where we are able to return to our communities

CNBC - Mad Money

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, merger which i think could happen with the fortune. and really could. it's not till november that the tax laws allow that to be. i do believe it's going to blow a quarter. i think mtw should split itself up into two separate companies. food, service, and cranes. remember those ice machines when you go out to -- ice machines, you feel like you're getting something for free. it's really water. we also get results from beemus. its tom symbol is bms, which stands for buy my stock. here's the stock i mentioned earlier this week as part of the brand new bull market in packaging of all things. you're going to sey 15id that. i'm expecting a very good quarter after the close. we get the new one, the ipo, barry plastics. the other packaging bull market player. i think there's a lot to like here too. on the lookout for both of these. if buy my stock goes down ahead of when it reports, buy its stock. all right. now, on friday morning i think you're going to see the contrast between the world's largest oil company, exxon, which has truly become a serial disappointer, and chevron, which has become a co

CNBC - Closing Bell

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CNBC
Closing Bell

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. the fiscal cliff was a big issue on the tax side. we've extended the debt ceiling to may. that really could be july. i don't know that they represent the risks that a lot of people thought was represented in august 2011 heading into it. we realize hindsight, yields did not spike dramatically. we didn't get a massive number of investors whether it was institutions, pension funds that were forced out of treasuries. because of that aaa rating gone. i think we learned some lessons. but i still think unfortunately washington and the ranker and the political system remains one of them. >> it sounds you're not as worried about washington. >> we're sadly becoming immune to their antics. >> we'll leave it there. good to see you. thank you so much. >>> about ten minutes to go before we close it up on monday on wall street here. dow jones industrial average still hanging in just below 13,900. >>> well, it has been the feud that continues to be the buzz on wall street. >> and in 2003 i get a call from this ackman guy. he's like the cry baby in the schoolyard. >> carl icahn does not have a good reputati

KPIX - CBS 5 Eyewitness News at 6AM

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KPIX
CBS 5 Eyewitness News at 6AM

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the nearly $200,000 facebook will pay in property taxes. >>> california's senator dianne feinstein wants to reinstate a ban on certain firearmses across the country. she will introduce a bill to ban assault weapons and high capacity ammunition clips. it's co-sponsored by connecticut's democrat in the wake of the sandy hook elementary shooting. it's opposed by the nra. vice president joe biden will continue to discuss gun violence today at 10:45 our time. >>> tough questions for secretary of state hillary clinton on the attack on the u.s. consulate in benghazi. >> this went on for hours yesterday. clinton got angry when a republican senator asked her about allegedly misleading the public. >> with all due respect, the fact is, we had four dead americans. was it because of a protest or was it because of guys out for a walk one night who decided they would go kill some americans? what difference at this point does it make! it is our job to figure out what happened and do everything we can to prevent it from ever happening again, senator. [ banging desk

CNBC - Squawk Box

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CNBC
Squawk Box

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and taxes to sustain an aging population if young kids are not trained in productive jobs? >> a huge issue. joe kernen's got a question. >> hi, joe. >> bob, what's going on? good to see you. we've got -- wow, you're getting kind of uppity. we've got to go all the way to switzerland to get you to come on the show now. >> it's always a pleasure to come on your show. >> a good friend, jack welch, i listen to what he says as basically gospel. but not everyone does. he tweeted recently about the inaugural speech and said no mention of economic growth or things to spur economic growth. no mention really of jobs and the unemployment rate. as the under secretary of the treasury for growth, when do you actually kick in to action? you can probably coast because we probably won't see any for a while with the latest policy. but do you get called into action when there is the prospect for some growth, or when do you actually start working on that? >> well, i think there's going to be growth. i think, in fact, growth's beginning to pick up in the u.s. economy. i think the energy revolution in the u.s. w

CNBC - Squawk on the Street

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CNBC
Squawk on the Street

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. they've got plenty of room to make a good margin and pay this tax to microsoft for the operating system. i'm not so concerned about apple as much as just the whole market getting commoditized. on the consumer side, i think that's a tough market for microsoft. if you don't need office, you really don't need to pay a premium for your products. they can afford to cut price on their hardware. microsoft's hair wear shipments are material on the market. they're there to show good design. it's important that their partners -- >> you could say they're out of touch. you mentioned office. i see now there's a suggestion that actually when the new office suite comes out, it will be licensed. you will pay a monthly subscription in order to have microsoft office. that doesn't seem to be where the bulk of the market is at the moment. that's not what consumers are doing, generally in their lives, is it? >> actually, simon, 20% of office's consumer, you know, 80% is enterprise, and 60% of enterprises are on subscription already. so there is a pretty significant migration to subscription that's well alon

KRCB - Nightly Business Report

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KRCB
Nightly Business Report

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cuts and tax increases that have been implemented so far, we're pretty close. and ja lewntimately knows what itakes toet om he to there. now, i think you, also, to, about other issues of the treasury's beat, international currency, financial markets, implementing the dodd-frank issue. as i mentioned, financial reform is still incomplete. so jack lew is going to have to oversee those as well. >> susie: let me get back to the budget issue. jack lew was also the architect of this sequester mechanism. a lot of people are worried if that kicks in, the automatic spending cuts, that, you know, that would really be a bad thing for the economy. some democrats are surprisingly saying maybe that's a good way to handle this whole budget cuts. where do you think jack lew stands on that? and, unfortunately, we just have half a minute left. what do you think? >> well, i think jack recognizes that if the sequester kicks in, it does two things. one, it makes deficit savings a lot more pronounced. that's $85 billion in one year. but, two thurts an economic recovery that's already too fragile. we certainl

CNBC - Squawk on the Street

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CNBC
Squawk on the Street

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take to take advantage of tax breaks. that will be popular and concern they have an exceptional threat to the republic of ireland if that blew up and the big day to this week is pmi's coming out of italy and spain. always forward-looking indicator where we might be going with the economy. could it be we have greater stability than we thought. that would be great. >> and we have numbers of our own. let's get a check on energy and commodities. good morning, sharon. >> good morning. we're looking at gasoline futures the leader, highs of the session up about 6 cents or so on the heels of hess announcing it is closing its refinery in new jersey. it prods 10,000 or i should say 50,000 barrels a day of gasol e gasoline, a small refinery compared to others but also key for the snoerk harbor area and why we're seeing an impact on the nymex crack. drivers are likely to see an increase and we could see 5-10% price jump in the new york area and along the east coast. we're watching what's happening with natural gas. it's fallen off a cliff due to we're looking at warmer temperatures and a two week

WJZ - CBS Evening News With Scott Pelley

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WJZ
CBS Evening News With Scott Pelley

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. and interestingly based on some spending cuts and tax increases that have been implemented so far, we're pretty close. and jack lew intimately knows what it takes to get from here to there. now, i think you, also, to, about other issues of the treasury's beat, international currency, financial markets implementing the dodd-frank issue. as i mentioned, financial reform is still incomplete. so jack lew is going to have to oversee those as well. >> susie: let me get back to the budget issue. jack lew was also the architect of this sequester mechanism. a lot of people are worried if that kicks in, the automatic spending cuts, that, you know, that would really be a bad thing for the economy. some democrats are surprisingly saying maybe that's a good way to handle this whole budget cuts. where do you think jack lew stands on that? and, unfortunately, we just have half a minute left. what do you think? >> well, i think jack recognizes that if the sequester kicks in, it does two things. one, it makes deficit savings a lot more pronounced. that's $85 billion in one year. but, two thurts an economic reco

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, and when i do my taxes, i want to work with the professional tax software. >>> it is 7:26. good morning. i'm jon kelley. san jose police looking for a group of suspects involved in a deadly stabbing attack. a man was found stabbed multiple times near southside drive and hope street in south san jose last night. four to five men approached the victim and attacked him just before 8:30 last night. police still trying to figure out the motive. >> typically in a gang related incident we'll hear gang epithets being uttered. none of the witnesses report that. we don't know yet. it's too early to tell. >> those suspects were last seen leaving that scene in a gray colored van. this marks the second homicide in just two days and the third killing of the year in san jose. right now weatherwise christina loren tells us outside something for everybody. >> something for everybody. good morning to you. live picture. this is over the san francisco bay where we are getting sunshine. let's show you san jose. quite the contrary. mostly cloudy conditions and thick low clouds. travel cautiously. even with the

KBCW - CBS 5 Eyewitness News on the CW 44

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KBCW
CBS 5 Eyewitness News on the CW 44

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. >> it matters when it comes to tax revenue and jobs locally as well. >>> super bowl, game day. the food issue all the decoration. >> and the time to check out the huge tvs. the real fun. next, why one type of television is better than the rest when it comes to watching the super bowl. ,,,,,,,, for the new mattress models but sleep train's huge year end clearance ,,,,,,,, is ending soon. for a short time, save hundreds on tempur-pedic mattresses. get the most highly-recommended bed in america at closeout prices. plus, get interest-free financing and free same-day delivery. why wait for the new models? sleep train's year end clearance is ending soon. superior service, best selection, lowest price, guaranteed. ♪ sleep train ♪ your ticket to a better night's sleep ♪ ron: years ago i made a promise to provide the best for my in sickness and in health. carol and i needed help figuring out what's covered by medicare and what's not. so we turned to the same folks we've relied on for health insurance all these years. announcer: ron and carol called anthem blue cross and found an affordable medic

CNNW - The Situation Room

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CNNW
The Situation Room

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differently. he supported tax increases. what does that say to you? >> two things. he joins a growing list of senators whoa are frustrated with the senate. that's a problem for all americans. not one party or another, but it has to be functional again. two, split cally speaking, it's not a safe republican state. this is what people have to keep their eye on. republicans lean as the favorites in the beginning. nothing is a sure thing even in the state of georgia. >> what do you think? you study georgia closely. >> absolutely. one of the first states i campaign in. he said it has been a really outstanding conservative member before i got to know him. as well as the united states senate. he is on the farm bills and authored most of the authorization bills. clearly his decision is personal i'm sure. he is frustrated with washington, d.c. and members of both parties are frustrated with the gridlock. the republicans will nominate somebody in main street, but while georgia is the so-called red state, president obama was able to get more than 45% of the vote there. i assume that we are going have

CNBC - Closing Bell

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CNBC
Closing Bell

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, you know, from a corporate perspective, we'd love to see something done on the corporate tax rate here in the u.s. love to keep more jobs here. just got to find a way to solve that problem. >> how does obama care and the health reform affect you as a company? >> well, certainly it provides re people will be covered by prescriptions. that's great news for the entire pharmaceutical space. for our particular company, we don't focus so much on continuous care medicines. we generally focus on women's health, those kind of issues so for us not as great but for other pharmaceutical companies great opportunity. >> we'll let you go. they will be anxious to get you up to the balcony so you can ring the closing bell. your logo is green. why didn't you wear green? >> i wore green for him. >> you're australian? >> yeah, i'm starting to forget it. >> no idea. >> we're about to enjoy the close with 20 minute to go here, and the market is continuing to levitate a bit. >> absolutely. still marching closer and closer to a all-time high. really driving this rally? is it fundamentals or just the fed's eas

KRON - KRON 4 Early News

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KRON
KRON 4 Early News

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. >> still ahead on kron 4 morning news a new study shows a drop in child as much taxed. how smoking laws could be a factor. koi??çóÑk?wç >> welcome back. new research finds that more children are being diagnosed with attention deficit hypehyper activity at this order compared to a decade ago. it is a 25% increase from 2001 to 2010. the proportion of 5 to 11 year olds are diagnosed with a-d- h-d increased to 3.1% in 2010. researchers say that better awareness of the condition among parents and doctorsroved access to health care may be behind the trend. increases were significant among whites, blacks, and hispanics, but did not changed significantly among asians, pacific islanders, and other racial groups over 18 year. a drop-in child asthma attacks could be linked to a smoke-free laws. according to a study done in england, there was a 12.3 percent fall in hospital admissions for childhood asthma in the first year after laws against smoking in enclosed public places and work places came into effect in july of 2007. similar anti- smoking legislation and the united states where it has al

KRON - KRON 4 Early News

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KRON
KRON 4 Early News

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the second system will drop through. this is a cool our tax system not a lot of moisture associated with it we could see showers. >> here's a look at futurecast for the possibility for rain as we head into friday in it. i ran for livermore for those of you along the mid peninsula as we set the clock into motion you can see a passing band of rain by 3:00 p.m. starting from the north bay first. >> your kron 4 7 day around the bay forecast shows the potential for showers are route into saturday and sunday. we could also pick up some showers as we start the next work week. >> tuesday and wednesday will be a cold start. the inland lows hovering around the freezing mark. we will be dry as we head into the middle of next week. >> high pressure will start to build and we will have more on that very important extended forecast coming up. >> in the meantime the bridges check the perfect time to leave home if you are heading to the bay bridge. the toll plaza shot looks good you will see a handful of cars. no wait at the pay gates. the time eight to nine minutes at the foot of the maize to frem

CNNW - CNN Newsroom

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CNNW
CNN Newsroom

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list on gun owners, to either tax them or take them. the only reason. >> a missouri sheriff is defiantly pledging not to enforce any part of president obama's gun control plan that he thinks violates the constitution. he's even drafted a letters asking fellow law enforcement officers to do the same. he wants them to sign it and send it to the president. part of that letter reads any attempt to restrict the second amendment rights through the executive order is uncons city tulgsal and tantamount to an all out assault on the united states constitution. as osage county sheriff, i also took an oath to the constitution but unlike obama, i intend to uphold mine. they have september the letter to the white house. >>> meanwhile, on the other side of the gun debate a missouri lawmaker wants to require any parents who own guns to notify their child's school. as elizabeth matthews from cnn affiliate ksdk reports, parents have mixed reactions. >> reporter: it's the next idea in a long list of proposed ideas for gun control making it mandatory for parents to notify their children's schoo

CNNW - CNN Newsroom

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CNNW
CNN Newsroom

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gains taxes kicked in this year. other investors are clearly choosing to exit now competition heating up so it's really becoming a huge factor. there are a lot of quality alternatives out there. you look at the tablet and smartphone arena, carol, it's getting crowded but they still sold 48 million iphones and almost 23 million ipads in the latest quarter. apple sold 12.6 million ipods so keep the finger off the panic button, let's not get too crazy just yet. >> that's wall street, isn't it? panic, panic panic, then don't. thanks so much, alison. >>> fighting words from house speaker john boehner he says president obama is out to annihilate the republican party. do you agree? that's our talk back question today. [ wind howls ] [ dog barks ] ♪ ♪ [ male announcer ] something powerful is coming. ♪ see it on february 3rd. ♪ see it on february 3rd. hey, buddy? oh, hey, flo. you want to see something cool? snapshot, from progressive. my insurance company told me not to talk to people like you. you always do what they tell you? no... try it, and see what your good driving can save you. y

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